Beijing has refuted claims that it was behind a significant hack against Microsoft Exchange, a widely used email network. NATO, the European Union, Australia, the United Kingdom, Canada, Japan, and New Zealand joined the US in accusing Chinese state-sponsored entities of “malicious cyber activities” earlier this week
“As breakthroughs in digital technology continue to alter human existence, we must be vigilant in our awareness of malicious use of such technologies that could jeopardise the security of future generations,” UN High Representative for Disarmament Affairs Izumi Nakamitsu said
The development of electronic wallet by mobile operating companies in Cameroon has change the dynamics of cash transfer, the payment of bills, educational fee, purchase of furniture, sponsor of programs by NGOs, but also negative impact, as cybercriminals use to perpetrate crimes, mitigating financial transaction through purchase of bitcoins. Cryptocurrency term which heard in every economic milieu, have become a tool use by some unscrupulous people engage digital marketing and cyber criminality to extort or victimize communities. Bitcoin is a cryptocurrency invented in 2008 as an open source software, which started operating in 2009 under the name Satochi Nakoamoto with the following particularities; digital money package which is privately own and exonerate individuals from bank fees, a virtual currency that uses per-to peer technology to facilitate instant payment, bitcoin is purchase through mobile money with the use of internet with cash deposit
By Debdutta Ghosh Some time at the end of June, Delhi resident Puneet Agarwal, the nephew of Delhi Assembly Speaker Ram Niwas Goel put up a plea for plasma for treatment of Covid-19 for a close relative on his social media page. Blood plasma from an individual who has recovered from Covid-19 contains vital antibodies …
Continue reading “What Are The Types Of Fraud One Should Be Aware Of In The Covid-19 Era?”
Globalization period changed the dynamics of information and communication technology, with virtual services use for IT infrastructure security, because of the rapidly re-configuration and evolving requirements limiting the request for redundant services (hardware). It’s also worth noting that cloud computing reduces the costs of providing IT services, by eliminating redundant computing power and storage, reducing support requirements
The availability of security device and software in the black market is a prerequisite for the perpetration of cybercrimes such as credit card theft, online scams or identity theft. Cybercriminals and terrorists have a great advantage to coordinate large scale attacks and crimes with the help of information and communication technologies with minimal effort such as generating funds from small value transactions in order to finance terrorist attacks (Webb & Tomalewicz, 2016). The speed and anonymity of cyber-attacks makes it distinctive among perpetrators (terrorists, criminals, and nation states). Jihadist tendencies usually require little finance, for example the United Nations evaluated London bombings in 2005 at around $14,000, while the French Finance Minister Michel Sapin evaluated that of the Paris attacks in November 2015 to approximately $32,000. Contrary to coordinated attacks of 9/11 which were reported to have cost between $400,000 and $500,000 according to the final report of the National Commission on Terrorist Attacks. There has been a large increase in the volume of cyber-attacks by organised criminal networks
Cyberattacks have been flying fast and furious around the world during these days of global uncertainty because of the coronavirus. Countries accuse each other of engaging in cyber warfare, and each of the accused also claims to be a cyber victim. International organizations dealing with the COVID-19 pandemic have also been targeted
Information and communication technology has brought a variety of non-conventional crimes. Cyber criminality is a major challenge for security officials in Sub Saharan Africa. Each seconds cyber criminals discover software and security terminal devices to operate. The language used by cybercriminals is also a barrier to the law enforcement officers and the criminal justice system. We listen to new words each day, like machine man, Ngues man (to describe scammers) and pick-up, but also mail with attach bills for ‘clients’ of cybercriminals
The theory is applicable for investigation related to company scam, where group solidarity (cybercriminals), technological advancement and inadequate cyber security training are challenges of the criminal justice system in some Sub Saharan African countries
Despite the creation of international and regional commissions for financial crimes, the challenge keeps persisting. Financial institutions lost huge amount of money every month, money transfer are been hacked and withdrawn by cybercriminal in partnership with dishonest staffs